Major Rating Factors:
Good overall profitability index (5.5 on a scale of 0 to 10) despite operating losses during 2023 and 2024. Good liquidity (5.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (6.7) despite excessive premium growth. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (7.3) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. History of adequate reserve strength (6.9) as reserves have been consistently at an acceptable level.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
L - Past results on our liquidity tests.
Principal Lines of Business:
Personal/comm auto (96.5%), homeowners (3.3%), other (0.2%)
Licensed in:
NJ, NY
Principal Investments:
Common stock (44.7%), investment grade bonds (40.8%), non investment grade bonds (14.5%), other (0.1%)
Corporate Info
Group Affiliation
Plymouth Rock Co Incorporated
Investment Rating
--
Company Address
695 Atlantic Avenue
Boston, MA 02111
Boston, MA 02111
Phone Number
(617) 720-1620
NAIC Number
25275
Website
Largest Affiliates